Tom Raper Foundation Inc
Tom Raper Foundation Inc is a private foundation, based in Richmond, IN. IRS filing data is available from 2019 through 2022. As of 2022, the organization holds $6.0M in total assets. In 2022, it awarded 15 grants totaling $360K. Net investment income was $70K.
Key facts about Tom Raper Foundation Inc
- EIN
- 31-0999060
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $360,208
- Grants made (2022)
- 15
- Average grant
- $24,014
- Median grant
- $23,200
- New grantees (estimate)
- 73% first-time grantees (11 of 15, 2022)
- Total assets
- $5,962,588
- Primary geography
- Florida (21% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Tom Raper Foundation Inc funds
By grant dollars, the top recipient states for Tom Raper Foundation Inc's 15 itemized 2022 grants were Florida (21%), California (19%) and Tennessee (14%). None of its 15 grants with a stated purpose were described as general or operating support.
Is Tom Raper Foundation Inc open to new grantees?
73%
first-time grantees, 2022
In 2022, 11 of 15 grantees (73%) were first-time recipients. First grants averaged $20K; repeat grants $35K. How we count
Medians: $20K first-time, $38K repeat.
- 20% of 2022 grantees were also funded in 2021. Method
- Giving grew 125% from 2019 to 2022. Method
- In 2022 it paid out 102% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2019–2022). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
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Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$6.0M
-5.6% YoY
Annual Giving
$360K
-14.2% YoY
Grant Count
15
+66.7% YoY
Avg Grant Size
$24K
-48.5% YoY
Under IRS private-foundation payout rules, Tom Raper Foundation Inc reported a distributable amount of $371K for 2022 — the minimum it must pay out in qualifying distributions.
About Tom Raper Foundation Inc
Based on IRS filings
Tom Raper Foundation Inc is a private foundation, based in Richmond, IN. IRS filing data is available from 2019 through 2022. As of 2022, the organization holds $6.0M in total assets. In 2022, it awarded 15 grants totaling $360K. Net investment income was $70K.
Ready to take the next step with Tom Raper Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 15 itemized 2022 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $5,962,588 | $6,315,414 | $6,103,998 |
| Revenue | $124,944 | $760,332 | $432,595 |
| Expenses | $477,770 | $548,916 | $404,319 |
| Qualifying Distributions | $377,092 | — | — |
| Net Investment Income | $70,109 | $656,587 | $339,206 |
| Distributable Amount | $370,932 | $421,678 | $353,664 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2019–2022
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2022
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest recipients include West Coast Baptist College ($38,000), Crown College ($38,000), Hope Children's Home ($38,000).
| Recipient | Purpose | Amount |
|---|---|---|
| West Coast Baptist College Lancaster, CA | Remodel the Dining Room Hall and Kitchen Facilities | $38,000 |
| Crown College Powell, TN | Scholarships | $38,000 |
| Hope Children's Home Tampa, FL | Expand Bundles of Hope Ministry | $38,000 |
| Five Star Christian Ministries Cape Coral, FL | To Support Gospel Crusades and Outdoor Events | $38,000 |
| Medical Missions Outreach Inc McDonough, GA | For Ministry Expansion into Medical and Dental-related Fields with Equipment | $38,000 |
| The Gospel Film Project Washington, IA | To Purchase Social Media Advertising Globally and Develop More Languages | $26,900 |
| Colonial Hills Baptist Church Indianapolis, IN | Outreach of Global Baptist Mission and Berea Baptist Bible College & Seminary | $26,000 |
| Fellowship Baptist Church Bearden, AR | Support Lighthouse Ministries to Reach Youth and Encourage Serving Christ | $23,200 |
| First Baptist Church Scripture Milford, OH | To Publish Scripture in Columbia to Support Bearing Precious Seed and Taino Ministries | $19,500 |
| Southern CA Liberty Baptist Church Newport Beach, CA | To Provide Food and Shelter Relief for Refugees in Ukraine and Gospel Outreach of Barnabas 1040 | $19,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2022 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr John Collier | Vice President | 1 | — |
| Suzanne D Raper | President | 10 | — |
| Dr Charles Keen | Director | 1 | — |
| Dr Tim Schelling | Treasurer | 1 | — |
| Pastor Thomas J Odom | Secretary | 1 | — |
| Pastor Ryan Thompson | Director | 1 | — |
| Gayle Washington | Director | 1 | — |
Frequently Asked Questions
How large is Tom Raper Foundation Inc?
As of 2022, Tom Raper Foundation Inc holds $6.0M in total assets with $125K in annual revenue. It awarded 15 grants totaling $360K in 2022.
Where does Tom Raper Foundation Inc operate?
Tom Raper Foundation Inc has awarded grants in Arkansas, California, Florida, Georgia, Iowa, Indiana, North Carolina, Ohio, Tennessee, Texas, Virginia, West Virginia.
What size grants does Tom Raper Foundation Inc award?
In 2022, Tom Raper Foundation Inc awarded 15 grants totaling $360K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is Tom Raper Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Tom Raper Foundation Inc reported a distributable amount of $371K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tom Raper Foundation Inc's EIN?
Tom Raper Foundation Inc's EIN (Employer Identification Number) is 31-0999060. IRS Form 990 filing data is available on this page for 2019–2022.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.